Summit Midstream Partners LP SMLP
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News
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Summit Midstream Partners, LP Schedules First Quarter 2024 Earnings Call and Announces Expiration and Results for Excess Cash Flow Offer to Purchase up to $19,331,000 Aggregate Principal Amount of Outstanding 8.500% Senior Secured Second Lien Notes Due 2026
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Double E Pipeline Announces Open Season for Available Capacity
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Summit Midstream Partners, LP Announces Excess Cash Flow Offer to Purchase up to $19,331,000 Aggregate Principal Amount of Outstanding 8.500% Senior Secured Second Lien Notes Due 2026
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Summit Midstream Partners, LP Announces 2023 K-1 Tax Package Availability
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Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million
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Summit Midstream Partners, LP Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results, 2024 Guidance and Strategic Alternatives Update
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Summit Midstream Partners, LP Schedules Fourth Quarter 2023 Earnings Call
Trading Information
- Previous Close Price
- $27.91
- Day Range
- $27.20–28.23
- 52-Week Range
- $13.00–29.18
- Bid/Ask
- $26.78 / $29.00
- Market Cap
- $292.03 Mil
- Volume/Avg
- 38,710 / 57,415
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.63
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Summit Midstream Partners LP is a United States-based energy solutions provider involved in the oil and gas industry. The company develops, owns, and operates midstream energy infrastructure assets. The company conduct and reports operations in the midstream energy industry through five reportable segments: Northeast, Rockies, Permian, Piceance, and Barnett. It offers systems that gather natural gas from pad sites, wells, and central receipt points connected to the company's systems with provisions to supply to processing plants, contractors, and end-users. The Majority of its assets are located in the producing areas of unconventional resource basins in the continental United States. It derives the majority of its revenues from the Piceance.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Stock Style Box
- Small Value
- Total Number of Employees
- 244
- Website
- https://www.summitmidstream.com
Comparables
Valuation
Metric
|
SMLP
|
GRNT
|
CRGY
|
---|---|---|---|
Price/Earnings (Normalized) | — | 7.93 | 20.17 |
Price/Book Value | 0.47 | 1.25 | 0.58 |
Price/Sales | 0.63 | 2.17 | 0.78 |
Price/Cash Flow | 1.97 | 2.87 | 2.14 |
Price/Earnings
SMLP
GRNT
CRGY
Financial Strength
Metric
|
SMLP
|
GRNT
|
CRGY
|
---|---|---|---|
Quick Ratio | 0.67 | 2.16 | 0.68 |
Current Ratio | 0.73 | 2.44 | 0.82 |
Interest Coverage | 0.49 | 20.86 | 3.37 |
Quick Ratio
SMLP
GRNT
CRGY
Profitability
Metric
|
SMLP
|
GRNT
|
CRGY
|
---|---|---|---|
Return on Assets (Normalized) | −0.76% | 12.02% | 7.46% |
Return on Equity (Normalized) | −2.96% | 16.00% | 36.71% |
Return on Invested Capital (Normalized) | 4.15% | 15.34% | 12.15% |
Return on Assets
SMLP
GRNT
CRGY
Oil & Gas Midstream Industry Comparables
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